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Investor Prudence and the Role of Financial Advice
Financial Advice Investor Prudence financial sophistication
2011/8/20
Investors have difficulties making optimal long-term financial decisions for reasons such as shortsightedness, a lack of financial sophistication, and an inability to self-regulate. Using propriety da...
Patterns of Financial Well-Being and Their Implications for Financial Advice
Financial Well-Being Financial Advice Patterns
2011/8/20
Research on the sources of individual well-being provides a valuable resource for financial advisors. The importance of both psychological and economic factors to financial well-being is discussed. Th...